Sawaal

 Indian Economy Questions

Popular Latest Rated
Q:

The concept of net domestic investment refers to

A) the difference between the market value and book value of outstanding capital stock. B) total investment less the amount of investment goods used up in producing the year's output.
C) the amount of machinery and equipment used up in producing the GDP in a specific year. D) gross domestic investment less net exports.
 
Answer & Explanation Answer: B) total investment less the amount of investment goods used up in producing the year's output.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 2046
Q:

In the aggregate expenditures model, it is assumed that investment

in_the_aggregate_expenditures_model_it_is_assumed_that_investment1553493949.jpg image

A) does not change when real GDP changes B) does not respond to changes in interest rates
C) changes by less in percentage terms than changes in real GDP D) automatically changes in response to changes in real GDP
 
Answer & Explanation Answer: A) does not change when real GDP changes

Explanation:

In the aggregate expenditures model, it is assumed that investment does not change when real GDP changes.

 

  • The aggregate expenditure is the sum of all the expenditures undertaken in the economy by the factors during a specific time period.

 

  • The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 2027
Q:

If the production possibilities curve was a straight line, this would imply that

A) Economic resources are perfectly substitutable, in the production of the two products B) Equal quantities of both products are produced at each possible point on the curve
C) The two products will sell at the same market price D) The two products are equally important to consumers
 
Answer & Explanation Answer: C) The two products will sell at the same market price

Explanation:

A production–possibility frontier (PPF) or production possibility curve (PPC) is the possible tradeoff of producing combinations of goods with constant technology and resources per unit time.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2020
Q:

Which amongst the following is not a component of monetary policy in India?

A) Repo rate B) Moral suasion
C) Credit Rationing D) Public Debt
 
Answer & Explanation Answer: D) Public Debt

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: Bank Exams

1 2019
Q:

Which property would be classified as expendable?

A) Food given to Army B) Cement
C) Paint D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Expendable properties are those properties that are consume in use or that lose their identity in use. It also include those properties that become an integral part of other property when put to use and those properties which have an expected service life of less than one year.

 

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1990
Q:

What was the strength of Indus economy?

A) Trading B) Agriculture
C) Electricity D) Mining
 
Answer & Explanation Answer: B) Agriculture

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1970
Q:

The production possibilities curve illustrates the basic principle that

A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically obtain full employment of its resources. D) an economy's capacity to produce increases in proportion to its population size.
 
Answer & Explanation Answer: A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Explanation:

A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.

Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1967
Q:

Which of the following represents a positive economic statement?

A) The government should extend unemployment benefits. B) The unemployment rate is too high.
C) Taxes should not be increased since that will lower spending. D) The unemployment rate is 4.8 percent.
 
Answer & Explanation Answer: D) The unemployment rate is 4.8 percent.

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1965